Mizuho Securities Asia announces top-level appointments

02 April 2014   Category: News, Asia, Hong Kong, Japan   By Asia Asset Management

Mizuho Securities Asia Limited (MHSA), a subsidiary of Mizuho Securities Co Ltd (MHSC), the core securities arm of Mizuho Financial Group Inc, has appointed Kentaro Akashi as chairman and Seiichiro Miyaoka as president and chief executive officer, effective April 1.

Mr. Akashi, who has been with the Mizuho Group for 30 years, first joined in 1984 and has subsequently held various senior positions within the Mizuho Group in Japan and the US. His position before joining MHSA as chairman was executive officer and general manager of Mizuho Bank Hong Kong, where he has worked for the last four years.

Mr. Miyaoka started his career at Nomura in 1988 after graduating. He worked at the firm for more than 20 years, including stints in London and Singapore, where his last position was president and CEO of Nomura Singapore. He subsequently left Nomura to join UBS Securities Japan as managing director, head of DCM/ Syndicate. Mr. Miyaoka joined Mizuho Securities in February 2013 and in May of the same year, relocated to Hong Kong and was appointed deputy president of Mizuho Securities Asia.

Based in Hong Kong, Mr. Akashi and Mr. Miyaoka will drive the expansion of MHSA in the region by strengthening its Asian products and local and global clienteles riding on the global networks of its group companies.

New regional head of equities Asia ex-Japan

MHSA also announced the appointment of Paul Andersson as its new regional head of equities Asia ex-Japan in Hong Kong. He will report locally to Mr. Miyaoka, and globally into Yohei Osade, Mizuho’s global head of pan-Asian equities. In addition to overseeing Mizuho’s pan-Asian equities and convertible bond desks locally in Hong Kong and Singapore, Mr. Andersson will also serve as head of global Asian equity sales (ex-Japan).

During his career Mr. Andersson has worked in London, Tokyo, New York and Hong Kong. Before joining Mizuho he spent 15 years at Citi. His most recent role at Citi was head of pan-Asian equity derivative and convertible sales and before that he was Citi's head of equity sales for the America's.